South Pasadena Housing Market Report – March 2026

Here's a look at how the South Pasadena, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

Homes Sold: 12
Median Sale Price: $1,758,500
Average Sale Price: $2,081,417
Average Price Per Sq Ft: $1,088
Average Days on Market: 66
Sale-to-List Price Ratio: 108.7%

Month-Over-Month Trends

Compared to February, the median sale price in South Pasadena moved 22.7% down (from $2,275,000 to $1,758,500). The number of homes sold was 100.0% up compared to the prior month (6 vs. 12). Average days on market shifted 10.0% up (60 days to 66 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 0.9% down (from $1,775,000 to $1,758,500). Sales volume is 29.4% down year-over-year.

What This Means

South Pasadena's housing market is showing some encouraging signs of life in March, though the picture remains mixed. Sales volume doubled from February to 12 homes, which is a solid rebound and suggests spring buyer activity is kicking in as expected. However, the median price dropped nearly 23 percent month-over-month, which sounds alarming until you realize this likely reflects normal seasonal variation—the February cohort may have simply included higher-priced properties. The year-over-year comparison tells a steadier story: prices are essentially flat while sales are down 29 percent, indicating this market is still struggling to find its footing compared to March 2025.

What's genuinely encouraging is the sale-to-list ratio of 108.7 percent, meaning homes are selling above asking price. This suggests buyers remain motivated and inventory isn't overwhelming sellers. At the same time, homes are sitting longer on the market—now 66 days average—which reflects the reality that qualified buyers are scarce and deliberate. With 43 active listings and a significant gap between median asking ($1.3M) and median sale price ($1.76M), the market appears somewhat bifurcated, with many overpriced listings languishing while properly priced homes move reasonably well.

South Pasadena Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
91030	12	$1,758,500	$1,088	66

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	9	$1,995,000	$1,204
CONDO	2	$1,287,500	$692
CONDOS	1	$1,380,000	$836

Sales by Price Range

Price Range	Homes Sold
$750K+	12

Current Active Listings

As of this report, there are 43 active listings in South Pasadena with a median asking price of $1,298,000 and an average of 107 days on market.

Thinking About Selling Your South Pasadena Home?

If you're a homeowner in South Pasadena considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in South Pasadena and throughout the Central Valley — get a no-obligation cash offer today.